In choppy or declining markets, DCA bots can be useful because they avoid trying to catch a bottom - they just keep buying on schedule.
The tradeoff: in a sustained downtrend, a DCA bot keeps averaging into losses unless you set a stop condition or adjust the interval/amount manually.
#AITradingBots #DYOR .
The tradeoff: in a sustained downtrend, a DCA bot keeps averaging into losses unless you set a stop condition or adjust the interval/amount manually.
#AITradingBots #DYOR .

